REK vs. VFMV ETF Comparison

Comparison of ProShares Short Real Estate (REK) to Vanguard U.S. Minimum Volatility ETF (VFMV)

REK

ProShares Short Real Estate

REK Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. Real EstateSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index measures the performance of the real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.27

Average Daily Volume

12,120

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$121.39

Average Daily Volume

7,727

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

Performance

Period	REK	VFMV
30 Days	-1.56%	-0.04%
60 Days	-4.70%	3.53%
90 Days	-12.53%	7.39%
12 Months	-23.92%	29.79%

1 Overlapping Holdings

	Symbol	Grade	Weight in REK	Weight in VFMV	Overlap
	EQC	D	0.31%	0.24%	0.24%

REK Overweight 86 Positions Relative to VFMV

Symbol	Grade	Weight
AMT	C	8.05%
CCI	C	4.7%
PLD	D	4.64%
EQIX	B	3.91%
SPG	A	3.53%
WELL	C	2.73%
PSA	C	2.58%
AVB	C	2.35%
EQR	C	2.24%
SBAC	B	2.21%
DLR	C	2.02%
O	A	1.94%
CSGP	F	1.85%
WY	B	1.8%
VTR	C	1.71%
ESS	C	1.59%
CBRE	A	1.59%
BXP	C	1.56%
ARE	D	1.46%
DOC	C	1.4%
INVH	D	1.28%
MAA	C	1.19%
EXR	C	1.13%
WPC	C	1.12%
SUI	D	1.12%
NLY	C	1.08%
UDR	C	1.08%
HST	D	1.0%
ELS	D	1.0%
MPW	C	0.9%
VNO	A	0.83%
CPT	C	0.83%
REG	C	0.82%
AGNC	C	0.77%
VICI	C	0.76%
OHI	C	0.74%
NNN	A	0.74%
GLPI	A	0.72%
FRT	D	0.71%
IRM	A	0.7%
JLL	B	0.69%
KIM	C	0.67%
KRC	C	0.63%
LAMR	C	0.62%
AIV	C	0.61%
SLG	C	0.58%
STWD	C	0.56%
AMH	D	0.54%
DEI	A	0.54%
COLD	D	0.53%
CUZ	C	0.48%
BRX	C	0.48%
CUBE	C	0.47%
PK	D	0.46%
HPP	F	0.45%
EPR	C	0.44%
HHH	C	0.42%
FR	C	0.42%
EGP	D	0.41%
HIW	C	0.41%
REXR	D	0.41%
BXMT	C	0.39%
RHP	C	0.37%
JBGS	C	0.37%
HR	D	0.36%
SBRA	C	0.33%
TWO	D	0.32%
OUT	C	0.32%
RYN	C	0.32%
CIM	C	0.31%
SVC	F	0.31%
NHI	C	0.29%
DSS	F	0.28%
MFA	C	0.28%
APLE	D	0.26%
PEB	D	0.26%
SHO	D	0.24%
RLJ	D	0.23%
PDM	C	0.23%
PCH	C	0.23%
BDN	A	0.22%
PGRE	D	0.22%
MAC	C	0.22%
LXP	D	0.21%
IVR	C	0.19%
XHR	B	0.18%

REK Underweight 145 Positions Relative to VFMV

Symbol	Grade	Weight
CVLT	C	-1.63%
NTAP	D	-1.57%
TJX	C	-1.56%
TMUS	A	-1.56%
TXN	C	-1.54%
ROP	C	-1.5%
MCK	F	-1.5%
PGR	C	-1.49%
VECO	F	-1.49%
EA	D	-1.48%
WMT	A	-1.47%
WM	B	-1.46%
CSCO	A	-1.46%
JNJ	D	-1.46%
PG	C	-1.45%
LMT	A	-1.44%
GD	A	-1.43%
MUSA	D	-1.43%
XOM	A	-1.42%
ADI	C	-1.42%
KEX	C	-1.4%
RSG	D	-1.39%
MRK	F	-1.39%
IDT	C	-1.35%
ABBV	A	-1.34%
ORLY	A	-1.33%
DUK	A	-1.31%
IBM	B	-1.31%
CHD	C	-1.28%
REGN	D	-1.27%
NOC	B	-1.27%
MCD	A	-1.24%
FCN	C	-1.21%
VZ	A	-1.2%
CME	A	-1.19%
IDCC	A	-1.14%
CBOE	A	-1.13%
DLB	D	-1.06%
LRN	C	-1.05%
CL	D	-1.05%
DOX	B	-1.03%
GIS	C	-0.98%
WMB	A	-0.97%
HSTM	B	-0.97%
MGEE	C	-0.96%
LLY	D	-0.92%
GILD	A	-0.89%
GOOGL	B	-0.87%
CRUS	D	-0.86%
SAFT	D	-0.86%
GPOR	B	-0.85%
UNH	B	-0.85%
INST	B	-0.83%
NSIT	B	-0.83%
CHE	C	-0.81%
LAUR	C	-0.79%
NABL	F	-0.78%
BLKB	C	-0.78%
CVX	B	-0.77%
CAH	B	-0.75%
WTM	D	-0.75%
HPQ	C	-0.72%
AVGO	C	-0.71%
GOOG	B	-0.7%
OSIS	B	-0.7%
QCOM	D	-0.69%
AMGN	D	-0.64%
AAPL	C	-0.64%
YELP	D	-0.63%
MCS	A	-0.61%
META	A	-0.6%
INSW	B	-0.55%
MATX	C	-0.54%
PBH	D	-0.52%
ED	A	-0.51%
T	A	-0.51%
NEU	F	-0.49%
FLO	D	-0.47%
KO	C	-0.46%
MSFT	D	-0.45%
FANG	D	-0.45%
HSY	D	-0.45%
V	C	-0.44%
AJG	D	-0.43%
TRV	C	-0.43%
THFF	D	-0.42%
AZO	D	-0.42%
K	B	-0.4%
WEC	A	-0.39%
MDLZ	C	-0.39%
RLI	A	-0.36%
NVEC	D	-0.35%
OLLI	C	-0.34%
AMSF	B	-0.34%
JBSS	F	-0.33%
RTX	A	-0.33%
CASS	D	-0.32%
BMY	B	-0.31%
ROL	B	-0.29%
LDOS	A	-0.29%
BRK.A	C	-0.29%
IMMR	D	-0.28%
MO	D	-0.28%
MTSI	B	-0.26%
LOPE	D	-0.25%
KMI	A	-0.24%
EBF	C	-0.24%
ACN	B	-0.23%
EXEL	B	-0.23%
JJSF	B	-0.23%
OLED	C	-0.19%
SPOK	D	-0.19%
DECK	B	-0.19%
SPNS	C	-0.17%
QNST	B	-0.15%
PSX	D	-0.14%
AMAT	B	-0.13%
DGICA	D	-0.12%
TNK	B	-0.12%
AMZN	C	-0.11%
CLBK	F	-0.1%
DJCO	C	-0.1%
DTM	A	-0.1%
KLAC	B	-0.09%
CNXN	C	-0.08%
CB	A	-0.08%
LRCX	D	-0.08%
KMB	B	-0.07%
GLRE	D	-0.06%
PEP	D	-0.06%
LANC	F	-0.06%
REYN	D	-0.06%
UNM	A	-0.06%
ATR	A	-0.05%
SFL	D	-0.05%
EIG	B	-0.04%
DTE	A	-0.04%
MU	D	-0.04%
AKAM	D	-0.04%
VRTX	D	-0.04%
NBIX	F	-0.04%
CNA	D	-0.04%
SPOT	B	-0.03%
CMS	A	-0.03%
MSI	A	-0.03%